HERLINDE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HERLINDE
Largest movements
- Receivables within one year +€7,902
up €7,902 (+33.7%), from €23,456 to €31,358
- Receivables after one year -€7,750
down €7,750 (-25.0%), from €31,000 to €23,250
- Reserves +€749
up €749 (+1.8%), from €41,192 to €41,940
of which Distributable reserves: +€749
- Financial income +€609
up €609 (+43.7%), from €1,393 to €2,002
- Financial charges +€24
up €24 (+53.4%), from €45 to €69
- Other operating charges +€23
up €23 (+4.7%), from €502 to €526
- Gross operating margin +€21
up €21 (+3.1%), from -€680 to -€659
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,484 | €54,740 | +€256 | +0.5% |
| Current assets | 29/58 | €54,484 | €54,740 | +€256 | +0.5% |
| Amounts receivable after more than one year | 29 | €31,000 | €23,250 | -€7,750 | -25.0% |
| Other amounts receivable | 291 | €31,000 | €23,250 | -€7,750 | -25.0% |
| Amounts receivable within one year | 40/41 | €23,456 | €31,358 | +€7,902 | +33.7% |
| Other amounts receivable | 41 | €23,456 | €31,358 | +€7,902 | +33.7% |
| Cash at bank and in hand | 54/58 | €28 | €132 | +€104 | +368.9% |
| Total equity and liabilities | 10/49 | €54,484 | €54,740 | +€256 | +0.5% |
| Equity | 10/15 | €53,592 | €54,340 | +€749 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,192 | €41,940 | +€749 | +1.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,756 | €8,756 | = | 0.0% |
| Distributable reserves | 133 | €30,575 | €31,324 | +€749 | +2.4% |
| Amounts payable | 17/49 | €893 | €400 | -€493 | -55.2% |
| Amounts payable within one year | 42/48 | €893 | €400 | -€493 | -55.2% |
| Trade debts | 44 | €893 | €400 | -€493 | -55.2% |
| Suppliers | 440/4 | €893 | €400 | -€493 | -55.2% |
| Other operating charges | 640/8 | €502 | €526 | +€23 | +4.7% |
| Gross operating margin | 9900 | -€680 | -€659 | +€21 | +3.1% |
| Operating profit (loss) | 9901 | -€1,182 | -€1,184 | -€2 | -0.2% |
| Financial income | 75/76B | €1,393 | €2,002 | +€609 | +43.7% |
| Recurring financial income | 75 | €1,393 | €2,002 | +€609 | +43.7% |
| Financial charges | 65/66B | €45 | €69 | +€24 | +53.4% |
| Recurring financial charges | 65 | €45 | €69 | +€24 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €166 | €749 | +€583 | +351.6% |
| Profit (loss) for the period | 9904 | €166 | €749 | +€583 | +351.6% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €749 | +€583 | +351.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.